FireEye sinks after raising $1.1 bln in stock sale

BenEisen

NEW YORK (MarketWatch) -- FireEye Inc.
FEYE, -0.57%
raised $1.1 billion in a follow-on offering of 14 million shares, the company said Friday. The maker of security platforms that protect against cyber attacks has rallied sharply since its initial public offering last September. The new shares sold at a price of $82 apiece, compared with Thursday's closing price of $89.55. Shares in FireEye were down 7.3% premarket at $83.05.

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